Recently, the cryptocurrency market has shown an intriguing trend: Bitcoin's market dominance is gradually declining. Data shows that from May to August 2025, Bitcoin's market share has dropped from 65% to about 59%. This change suggests that investors are shifting their attention to other encryption assets.

Despite Bitcoin still being the leader in the cryptocurrency market, the total market capitalization of altcoins has shown significant growth over the past two months. As of August 12, the total market capitalization of altcoins has surpassed 1.4 trillion USD, growing by more than 50% since the beginning of July. This growth trend has sparked speculation in the market about the upcoming 'altcoin season'.

However, it is worth noting that CoinMarketCap's 'Altcoin Season Index' is currently hovering around the low level of about 40. This value is well below the traditional threshold of 75 that defines an altcoin season. Nevertheless, market observers believe that the current market conditions may signal an important turning point is approaching.

As September approaches, the cryptocurrency market may welcome a comprehensive altcoin season. This means that other cryptocurrencies, apart from Bitcoin, might experience a significant growth period. Investors and market participants should closely monitor this potential trend, as it could bring new investment opportunities and market dynamics.

However, we also need to view this trend with caution. The cryptocurrency market has always been highly volatile, and any predictions should be based on comprehensive market analysis and risk assessment. Whether it is Bit or altcoins, investors should remain vigilant and be prepared for risk management.